Risk Management: Managing Life Cycle Risks

Name: Risk Management: Managing Life Cycle Risks
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Rating: 4.1 (60 reviews)

See how age, health, employment and environmental factors affect life cycle risks related to premature death, longevity.

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Learning Outcomes

After completing this course you will be able to:

Outline the various ways mortality risk can cause loss
Explain the use of mortality and life expectancy tables in assessing the probability of premature death
List the risks associated with living past retirement age
Discuss health risks, global health statistics and medical costs as part of life cycle risk
Summarize the difference in benefits between early and late retirees
List the benefits that are applicable to survivors of deceased insured workers
Discuss how social security has moved from fully funded to pay-as-you-go
Explain why extended life expectancy and lower birth rates causes a funding burden

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